German Carmakers Upbeat

May 17, 1992

Edzard Reuter, chairman of Daimler-Benz AG, Germany`s largest industrial concern, says the ``dry spell in profits`` is over. ``We expect continued good development, also in 1992,`` he said in an interview published in the Sueddeutsche Zeitung. . . . Bayerische Motoren Werke AG (BMW) said sales in the first four months of 1992 rose 15.3 percent, to $6.89 billion from $5.98 billion a year earlier.